Indian Energy Exchange IEX

IGX board approves plan for IPO to raise funds, no details about offer size

Indian Energy Exchange on Wednesday said the board of Indian Gas Exchange (IGX) has decided to go public to raise funds through an Initial Public Offering. However the Indian Energy Exchange (IEX) did not divulge details about the size of the issue, opportune time and the modalities of the issue. According to a regulatory filing, the Board of Directors of IGX Ltd, an associate company of IEX, at its meeting held on December 2, 2025, has approved to start the process of Initial Public Offering (IPO) of the equity shares of face value of Rs 10 each of IGX Ltd. The IPO will be conducted through an offer for sale by certain existing and eligible shareholders, subject to market conditions, applicable approvals, regulatory clearances and other considerations, it stated. The size of the issue, opportune time and modalities of the issue will be decided in due course, it said. The company will update the exchanges of all material developments regarding the same, as and when required, as pe

Updated On: 03 Dec 2025 | 5:08 PM IST

'Market coupling' poses threat to IEX, says Nuvama; assigns 'Reduce' tag

Analysts noted that while IEX benefits from RTM growth amid subdued power demand, long-term risks of power deficits could push up spot prices, potentially lowering spot volumes

Updated On: 03 Nov 2025 | 8:22 AM IST

Sebi alleges insider trading in Indian Energy Exchange derivatives

Sebi's move underscores intensifying enforcement around derivatives activity in the world's largest equity options market by contracts traded

Updated On: 16 Oct 2025 | 11:15 AM IST

IEX electricity trade rises nearly 19% to 11,803 million units in Aug

Indian Energy Exchange on Thursday said that its monthly electricity traded volume grew 18.9 per cent to 11,803 million units (MU) in August on a year-on-year basis. A total of 21.68 lakh Renewable Energy Certificates (RECs) were traded during the month, an IEX (Indian Energy Exchange) statement said. The monthly electricity traded volume (including TRAS) stood at 11,803 MU in August 2025, marking an 18.9 per cent year-on-year (YoY) growth, according to the statement. Despite higher demand, prices on power exchanges were lower than the previous year, owing to higher supply side liquidity on the exchange platform, it explained. The market clearing price in the day-ahead market stood at Rs 4.00 per unit in August 2025, marking a 7 per cent year-on-year(YoY) decline. Similarly, the price in the Real Time Market was Rs 3.38 per unit in August 2025, down 6 per cent YoY. These prices presented an opportunity for Discoms and Commercial & Industrial consumers to meet their demand at a .

Updated On: 04 Sep 2025 | 11:38 AM IST

Indian Energy Exchange logs record trade volume of 12,664 MUs in July

Indian Energy Exchange (IEX) on Tuesday said it had achieved highest-ever monthly electricity traded volume of 12,664 million units (MU) in July, marking an increase of 25.5 per cent on a year-on-year basis. A total of 16.26 lakh Renewable Energy Certificates (RECa) were traded during the month, an IEX statement said. According to the statement, the market clearing price in the Day-Ahead Market was Rs 4.18/unit during July, down 16 per cent year-on-year (YoY). Similarly, price in the Real Time Market was at Rs 3.83/unit during July this year, a fall of 23 per cent YoY. The Day-Ahead Market (DAM) including HPDAM achieved 5,510 MU volume in July 2025, as compared to 5,056 MU volume in July 2024, an increase of 9 per cent YoY. The Real-Time Electricity Market (RTM) reported the highest-ever monthly traded volume in July this year. The RTM volume increased to 5,109 MU in July 2025, from 3,334 MU in July 2024, registering an increase of 53 per cent YoY. Day-Ahead Contingency and Term

Updated On: 05 Aug 2025 | 11:11 AM IST

IEX shares spike 13% on posting healthy Q1 nos; PAT up 25%, revenue 15%

IEX shares zoomed 12.8 per cent in trade on Friday, logging an intra-day high at ₹149.45 per share on BSE after the company posted its Q1 numbers

Updated On: 25 Jul 2025 | 10:17 AM IST

IEX tanks 23%: Brokerages decode what CERC's nod to 'market coupling' mean

IEX shares were locked at the lower circuit on the stock exchanges today as approval to market coupling norm will shift volumes to other competing exchanges, denting growth prospects of IEX

Updated On: 24 Jul 2025 | 12:17 PM IST

IEX Q1 power trade rises 15%, REC volumes jump 149% amid price drop

Lower demand from early monsoons and higher renewable supply drove prices down, while IEX saw strong growth in real-time trading and a surge in renewable energy certificate volumes

Updated On: 03 Jul 2025 | 5:57 PM IST

IEX shares crash 10% on market coupling buzz; what should investors do?

The sudden decline in IEX share price came amid a report that Power Ministry apprise all the relevant stakeholders on market coupling and its benefits

Updated On: 11 Jun 2025 | 3:22 PM IST

Dividend stocks: SBI, IEX, 8 others to go ex-date on May 16; full list here

Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they go ex-date on Friday, May 16, 2025

Updated On: 15 May 2025 | 8:29 AM IST

SBI, IEX, Foseco, 6 others to go ex-dividend next week; do you own any?

Here is the complete list of stocks to remain in focus during next week as they trade ex-dividend following their announcements of dividend rewards for shareholders

Updated On: 09 May 2025 | 1:39 PM IST

IEX expects double-digit volume growth in FY26, driven by strong liquidity

Indian Energy Exchange, the country's leading electricity exchange, is expected to log a double-digit volume growth in the current financial year that started in April, on the back of increasing sell side liquidity and launch of new products, according to analyst reports post IEX's FY25 earnings. The current financial year is likely to see a capacity addition of 11 GW on thermal side and up to 40 GW on renewable side that is expected to keep supply-side liquidity on exchanges strong, thereby driving down price discovery in key trading segments like Day Ahead Market and Real Time Market (RTM). According to analysts, introduction of new products like green RTM and long-duration contracts (LDC) of up to 11 months will further add to volumes on IEX. In 2024-25, IEX logged the highest-ever traded electricity volume of 121 billion units (BUs), up 18.7 per cent year on year. "Approval for 11-month LDC contracts, green RTM, private participation in selling un-requisitioned surplus on ...

Updated On: 04 May 2025 | 11:58 AM IST

Indian Energy Exchange Q4 results: Net profit rises over 21% to Rs 117 cr

Indian Energy Exchange (IEX) on Thursday posted a rise of over 21 per cent in consolidated net profit to Rs 117.11 crore in March quarter of FY25 compared to a year ago, mainly on the back of higher revenues. It had reported a consolidated net profit of Rs 96.68 crore in the quarter ended on March 31, 2024, a regulatory filing showed. Total income in the reporting quarter rose to Rs 174.59 crore from Rs 149.28 in the same period year ago. During the 2024-25 fiscal, the consolidated net profit of the company rose to Rs 429.16 crore compared to Rs 350.78 crore in the preceding financial year. Total income in the fiscal rose to Rs 657.36 crore from Rs 550.84 crore in 2023-24. The board of directors has recommended the final dividend of Rs 1.50 per equity share having a face value of Re one each for the financial year ended March 2025. The board has fixed May 16, 2025 as the 'record date' to ascertain the eligibility of shareholders for payment of final dividend, it said. The final

Updated On: 24 Apr 2025 | 7:00 PM IST

IEX reports 19% rise in trade volume at 121 billion units in FY25

The Indian Energy Exchange (IEX) registered 19 per cent year-on-year rise in trade volume to 121 billion units (BUs) in FY25, a company statement said on Friday. A total of 178 lakh renewable energy certificates (REC) were traded during the year, marking twofold rise as compared to the previous year, it said. The next REC trading sessions at the exchange are scheduled for April 9 and April 30. In March 2025, IEX achieved the highest-ever monthly electricity traded volume of 11,215 million units (MUs), posting 29 per cent increase year-on-year. A total of 13 lakh RECs were traded during the month, up 18 per cent over March 2024. In the electricity market, the day-ahead market (DAM) achieved 61,311 MU in FY25, as compared to 53,353 MU in FY24, a rise of 15 per cent. In March, the DAM volume increased by 19 per cent to 5,547 MU from 4,654 MU in the same month last financial year. The real-time electricity market (RTM) volume increased by 29 per cent to 38,898 MU in FY25 from 30,125

Updated On: 04 Apr 2025 | 3:01 PM IST

Indian Energy Exchange Q3 results: Net profit rises nearly 17% to Rs 107 cr

Indian Energy Exchange (IEX) on Thursday posted a nearly 17 per cent rise in its consolidated net profit to Rs 107.29 crore, mainly driven by higher revenues. The company had reported a consolidated net profit of Rs 91.80 crore for the quarter ended December 31, 2023, a BSE filing showed. Its total income rose to Rs 160.53 crore in the quarter from Rs 141.21 crore a year ago. The Board of Directors has also approved the payment of an interim dividend of Rs 1.50 per equity share, having a face value of Re 1 each for 2024-25. The record date for ascertaining the name of members/beneficial owners entitled to receive the interim dividend is Friday, January 31, 2025. IEX, in a statement, said that during the quarter, IEX achieved an electricity traded volume of 30.5 billion units (BU), marking a 15.9 per cent year-on-year rise and traded 26.52 lakh Renewable Energy Certificates (RECs), recording a 31 per cent growth. According to the statement, adequate availability of fuel in this qu

Updated On: 23 Jan 2025 | 9:29 PM IST

IEX achieves highest monthly electricity traded volume of 11,132 MU in Dec

Indian Energy Exchange (IEX) on Monday said it has achieved its highest-ever monthly electricity traded volume of 11,132 Million Unit (MU) in December, marking a 29 per cent increase on a year-on-year basis. During the month, IEX traded 16.62 lakh renewable energy certificates, recording a 58 per cent year-on-year (Y-o-Y) increase, an IEX statement said. For the nine months of the fiscal 2025, IEX achieved electricity traded volume of 88,981 MU, marking a 19 per cent Y-o-Y increase, according to the statement. For the third quarter of the fiscal 2025, IEX achieved electricity traded volume of 30,464 MU, marking a 16 per cent Y-o-Y increase. During the quarter, IEX traded 26.52 lakh renewable energy certificates, recording a 31 per cent Y-o-Y increase. During the month, the Day Ahead Market segment at IEX recorded a 57 per cent Y-o-Y increase in supply-side volumes. This rise in supply helped moderate prices. For the month of December 2024, the Market Clearing Price in the Day Ahea

Updated On: 06 Jan 2025 | 11:32 AM IST

Indian Energy Exchange Q2 results: Net profit rises 25% to Rs 108.32 cr

Indian Energy Exchange (IEX) on Thursday posted over 25 per cent rise in consolidated net profit at Rs 108.32 crore for the quarter ended September 30, 2024 compared to the year-ago period mainly due to higher revenues. The company had reported a consolidated net profit of Rs 86.46 crore in the quarter ended on September 30, 2023, a regulatory filing showed. Total income rose to Rs 167.76 crore in the quarter in the quarter under review, from Rs 132.97 crore in the same period a year ago.

Updated On: 24 Oct 2024 | 5:31 PM IST

IEX hits 52-week high as Antique retains 'Buy', says coupling risk fading

Antique Broking believes that coupling risk from the uniform market clearing price mechanism could be fading given the practical difficulties in its implementation

Updated On: 12 Sep 2024 | 1:11 PM IST

IEX total volume rises 56% YoY to 13,250 MU in July; stock trades flat

In July 2024, the Indian Energy Exchange (IEX) set a new record with the highest total trading volume, including certificates, reaching 13,250 MU. The figure marks an approximately 56% increase Y-o-Y.

Updated On: 05 Aug 2024 | 10:44 AM IST

IEX board reappoints SN Goel as CMD, promotes Rohit Bajaj as Joint MD

Indian Energy Exchange (IEX) board on Friday approved the proposal to reappoint Satyanarayan Goel as its Chairman and Managing Director and to appoint Rohit Bajaj as its Joint Managing Director. The board noted that Goel will attain the age of 70 years on August 10, 2024, and consequently, as per Companies Act, 2013, his term as Managing Director will end from the closure of the business hours on August 9, 2024, a BSE filing said. The board acknowledged Goel's extensive knowledge and over 40 years of experience in the power sector, it said, adding that as part of succession planning, the board unanimously agreed to reappoint Goel as the Chairman & Managing Director for three years from August 10. The board decided to elevate Rohit Bajaj, currently serving as Executive Director (non-board) -- Business Development, Strategy, Regulatory Affairs, and IT, as the Joint Managing Director for three years from August 10, it stated. The board also approved appointment of Rajeev Gupta as the

Updated On: 05 Jul 2024 | 5:18 PM IST